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To: Bob

The postal deficit is due to Congress requiring the USPS to prefund employee health benefits for the next 75 years.


62 posted on 07/19/2012 9:34:05 PM PDT by Colonel Kangaroo
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To: Colonel Kangaroo

The postal deficit is due to Congress requiring the USPS to prefund employee health benefits for the next 75 years.


you left out the most important part..

So they can raid said fund.


99 posted on 07/19/2012 10:32:13 PM PDT by cableguymn (For the first time in my life. I fear my country's government.)
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To: Colonel Kangaroo
The postal deficit is due to Congress requiring the USPS to prefund employee health benefits for the next 75 years.

When did that start? Recently?

See Figure 1 at: USPS Report from 2000

According to that chart, the USPS has been running deficits of a few billion dollars in most of the years going back to 1972.

150 posted on 07/20/2012 9:33:39 AM PDT by Bob
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